Hot and Cold Therapy Packs Market Growth & Trends | 2022-27
Market Overview:
The market for hot and cold therapy packs was predicted to expand with a CAGR of 5.6% from 2022 to 2027.
Due to the COVID-19 pandemic’s movement restrictions, which have forced people to stay at home, the demand for hot and cold therapy packs has decreased. As a result, injuries among professionals and students in high school and college are drastically decreasing. Additionally, because fewer vehicles are being used, fewer accidents have happened on the roads. Global supply chains have also faced significant difficulties as a result of the COVID-19 pandemic.
For instance, the Consumer Product Safety Commission (CPSC) in America reports that during the first seven months of the COVID-19 pandemic, visits to emergency departments for consumer product-related injuries decreased by 24%, according to a 2021 update by the National Safety Council (NSC). Sports-related injuries linked to track and field saw the biggest drop in injuries. Between March and September 2020, there was a reduction of more than 60% in hockey, soccer, baseball, football, and basketball. According to the CPSC, these significant drops were brought on by the suspension of youth and school sports leagues in the spring and summer of 2020 as a result of the pandemic. The demand for hot and cold therapy was impacted by these factors on a global scale.
Scope of the Report:
Different parts of the body can be treated with hot and cold therapy packs as a non-invasive form of treatment to reduce pain and inflammation. Blood vessels are dilated by hot gel packs or moist packs like damp clay packs, which increases blood flow and the amount of oxygen delivered to cells in the target area. Thus, by easing muscle spasms and sprains and promoting relaxation, heating the target area speeds up the healing process. Crushed ice compresses, store-bought cold packs, ice cubes, ice baths, and cold cloths are some of the most frequently used cold therapy products. These cold compresses lessen blood flow to the area and reduce inflammation. The report also covers the estimated market sizes and trends for 17 countries across significant global regions. The report offers the value (in USD million) for the above segments.
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